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Speaker 1: A high score means you get access to better loans, more opportunities. A low score means

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Speaker 1: you can't buy a plane ticket, you can't get certain jobs. They want you, quote, on your

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Speaker 1: best behavior. The easiest way to understand the digital control grid is to look at each

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Speaker 1: one of them separately. The first pillar is programmable money, which they say is needed in

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Speaker 1: a world where AI will replace all the jobs. Right now, the dollar in your bank account is

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Speaker 1: just a number. It has no rules attached to it. You can spend it on whatever you want,

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Speaker 1: wherever you want, whenever you want. Programmable money is different so imagine you get a

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Speaker 1: paycheck and it's only valid for a certain amount of time before it expires now i'm not

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Speaker 1: saying that these specific rules are coming tomorrow i'm just saying that the technology to

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Speaker 1: do all of this already exists that all stablecoin issuers must connect to a treasury

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Speaker 1: department pipe one that applies anti -money laundering rules and sanctions enforcement and

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Speaker 1: once this connection exists it can be integrated with anything including a social credit

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Speaker 1: system a social credit system is basically a score that gets assigned to you based on your

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Speaker 1: behavior did you pay your bills on time score goes up did you jaywalk or post something

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Speaker 1: critical of the government online score goes down and your score determines what you'll be

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Speaker 1: allowed to do every stock you own every bond and every asset will be on a programmable

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Speaker 1: ledger and once it's there, the rules that govern your money can be changed at any time by

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Speaker 1: whoever controls that system.